Public Service Enterprise Group CEO E Ferland receives $9.2M in 2006

Public Service Enterprise Group reports 2006 executive compensation

By ExecPay News

Published: March 7, 2007

Public Service Enterprise Group reported fiscal year 2006 executive compensation information on March 7, 2007.

In 2006, eight executives at Public Service Enterprise Group received on average a compensation package of $2.9M.

Average pay of disclosed executives at Public Service Enterprise Group

E. James Ferland, Chief Executive Officer, received $9.2M in total. 56% of Ferland's compensation, or $5.2M, was in stock awards. Ferland also received $821K of change in pension value and nonqualified deferred compensation earnings, $1.7M in non-equity incentive plan, $109K in option awards, $1.1M in salary, as well as $279K in other compensation.

Robert J. Dougherty, Chief Operating Officer, received a compensation package of $2.8M. 45% of the compensation package, or $1.3M, was in stock awards.

Ralph Izzo, Chief Executive Officer, earned $2.7M in 2006.

Thomas M. O'Flynn, Chief Financial Officer, received $2.3M in 2006.

Frank Cassidy, Chief Operating Officer, earned $2.1M in 2006.

R. Edwin Selover, General Counsel, received $1.8M in 2006.

Power R. Edwin Selover, General Counsel, earned $1.8M in 2006.

Ralph A. LaRossa, Chief Operating Officer, received $746K in 2006.